All Asumption with no proof or data or evidence. You seem to forget all REE companies are down by over 50-90% because of REE prices being manipulated by China making all projects unviable if starting from scratch, including yours when you have to spend $750M AUD for a mine and a refinery, cheaper to leave it in the ground or you make a deal for a premium price with OEMs, so at the moment you have nothing to blow your trumpet over here, your in the same boat as us. Still have dirt in the ground like Makuutu
IXR has chosen the right path in these economic conditions and have a better chance of securing Financing and Funding with a low Capex and low Opex for Governments / OEM' at premium prices to secure Rare Earth Oxides ex China manipulation, than have to spend multiple 100's of millions of dollars to start up a mine and build a refinery
By 2026 400,000kg of High Purity Separated Rare Earth Oxides, Nd, Pr, Tb, Dy can be in production, way ahead of anyone else.
IXR Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
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